Sports Food Market Growth and Forecast to 2025Posted by shanigaram karthik on March 17th, 2020 Market Overview: Sports nutrition products include sports drinks, supplements, Isotonic drink powder, capsules, ready-to-drink protein drinks, carbohydrate drinks, protein bars, energy bars and others. These products are developed and consumed by athletes and bodybuilders to enhance their altogether health, performance, and muscle growth. The global sports food market was valued at USD 68.99 billion in 2020 and expected to rise at a CAGR of 8.32% to attain USD 102.88 billion by 2025. Market drivers and restraints: Sports drinks were traditionally employed by athletes to replenish the water level in the body. Innovative and effective product development makes the market more vibrant. Companies’ mass marketing strategies make sports food products easy availability that assists the makers in developing sports food across the untapped and targeted market. Other several macro-economic factors like employment, disposable income level and others are also driving sports food market indirectly. Report segmented as: By product:
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Geographical analysis: Based on geography, North America is dominating the global sports food market owing to the presence of big number of sports enthusiasts. Rising health consciousness among individuals and increasing interest for various sports activities dominate the call for sports food in North America. Furthermore, the presence of many number of makers in the region has further strengthened its position in the global market. Important market players: Key market players operating in the market are The Coca-Cola Company, Abbott Nutrition Inc., PepsiCo Inc., Glanbia Plc., Reckitt Benckiser Group plc, Yakult Honsha Co Ltd, Post Holdings, Inc., GNC Holdings, Clif Bar & Company, and Otsuka Pharmaceuticals Co., Ltd. View a sample and decide: https://www.marketdataforecast.com/market-reports/sports-food-market/request-sample The Scope of the report: This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for a better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors. Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/ Like it? Share it! More by this author |